Crossco46
New Member

Sale of Gifted home

My wife was gifted a home with her sister. It was sold this past year and we received a 1099-s form for the sale of home. We then received a letter from sister saying she rented it in 2017till sold this past year. It was handwritten with our share of expenses and income and she sent a check for our share which we just got in March of 2020. How do I report this in turbo tax premiere?